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Suspended Eskom chief executive has been given a golden hand-shake!

An academic Tshediso Matona, who was suspended alongside other three executives, has agreed to part ways amicably.

Suspended Eskom chief executive has been given a golden hand-shake!
matona

Pushed or not. Former Eskom boss Tshidiso Matona will receive a ‘fat’ golden handshake, following talks to end his term amicably with the struggling utility.

This was confirmed by the utility.

Although no figures were mentioned, it is believed Matona will receive a ‘fat’ golden hand-shake.

Read the media statement from Eskom:” Mr Matona believes that the agreement to part ways is in the best interest of Eskom, to allow the Board to pursue its plans for the company under the current leadership.”

“With the separation, the inquiry initiated by the Board into the state of affairs at Eskom will continue as planned, and Mr Matona’s suspension falls away. The separation is also by no means an anticipation of the outcomes of the inquiry, the latter whose objective is to enable the organisation to deal with its challenges,” continued the statement.

Matona is famous for echoing sentiments “there is no crisis at Eskom, the way Eskom gets reported on creates the perception of a crisis”.

Spokesperson Khulu Phasiwe says Matona was not pushed.

Matona holds degrees in economics from the Universities of Cape Town (South Africa) and East Anglia (UK), and certificates in trade law and management in government from Maastricht University (Netherlands) and Harvard University’s JF Kennedy School of Government (USA).

Meanwhile, Eskom welcomed the return of more than 5000 workers at the Medupi power station.

After eight weeks of strike, last Friday, the North Gauteng High Court ruled in favour of Eskom for the eviction of all persons residing in all three of Eskom’s accommodation areas around the Medupi power station, as well as interdicting the return of these employees back to the accommodation areas.

Numsa, which had appealed the eviction order, was ordered to pay Eskom’s legal costs.

The Medupi Unit 6 will be progressively tested and fine-tuned until the engineers are satisfied that the systems are fully operable and reliable for final handover. This is also to ensure that the unit is safe to operate, and will perform exactly as designed for the next 50 years, says Eskom.

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